Perforce Software Receives Investment From Francisco Partners To Accelerate Growth



Via News Release

Image result for Perforce MN logo“MINNEAPOLIS and SAN FRANCISCO and SANTA MONICA, Calif., July 8, 2019 /PRNewswire/ — Perforce Software, Inc. (“Perforce” or the “Company”), a market leading provider of enterprise scale software solutions to technology developers and development operations (“DevOps”) teams requiring productivity, visibility, and scale during all phases of the development lifecycle, today announced it has closed on the significant new equity investment from Francisco Partners, a global technology-focused private equity fund. The firm joins Clearlake Capital Group, L.P. (“Clearlake”), which initially invested in Perforce in late 2017. The Company will continue to be led by the Chief Executive Officer, Mark Ties, and the current management team, who invested alongside Clearlake and Francisco Partners in the transaction.”